With a million shares short and only 9.8 outstanding, might make for a bit of a short squeeze if we get some volume.
Proprietary microRNA Diagnostic for Identification of the Four Most Common Kidney Tumors Now Available in All 50 U.S. States
Is this the first time they will have a non gaap profit?
Yuval Viner, BOS CEO, stated, "We are in line with our target for a NON GAAP profit for the first nine months of the year 2013, and hope that our shareholders would join us in our quarterly teleconference that will take place after the Thanksgiving holiday."
Not that good, this thing is up almost 500% in the last two months. With the Company currently in the process of settlement discussions with the Selling Shareholders in connection with the New York Judgment of $71,800,047. I'd say this is going to fall, big time.
On November 18, 2013 NeoGenomics, Inc. Announced that it entered into an exclusive alliance with Covance Central Laboratories to Provide Comprehensive Anatomic Pathology, Histology and Specialty Laboratory Testing Services for Clinical Trials.
There exists a company that is being held in contempt of court, owes more than twice its market cap to another company, and yet is up 220% in the last month, for no apparent reason. That company is VisionChina Media (VISN), a China-based advertising company with a myriad of issues and red-flags surrounding it. The current price is $8.39.Now trading at 10+++. That's different from China Media Express, probably just as bad.
Agreed, I'm thinking this was priced in after the run the other day. After the pop I think we see a sell off.
I would think it will sell off now, was baked in to the price and still has to get FDA approval next year.
How high do you think that this will go?? It already went up 90% after briefing documents posted on the Food and Drug Administration's website painted a positive picture. I read there are about 90,000 people in the U.S. that could possibly use this drug, not a big number. Not all of them will use the drug. How much do you think its going to sell for to make the run up make sense??
I'm surprised by the price action, I thought it would recover faster.
UPDATE: J.P. Morgan Reiterates on Phoenix New Media as 3Q Online Ads are Strong, Mobile Ad Monetization Gains Traction
11:24a ET November 14, 2013 (Benzinga)
In a report published Thursday, J.P. Morgan analyst Alex Yao reiterated an Overweight rating on Phoenix New Media Ltd. (NYSE: FENG), and raised the price target from $14.00 to $15.00.
In the report, J.P. Morgan noted, “3Q results demonstrate that China's media consumption continues to shift from online to mobile, as evidenced by the 400% YoY growth in the iFeng news app's daily active users. In addition, the vehicle of media consumption evolved, with a usage ramp-up in super apps (e.g., Baidu Palm and Tencent Weixin). With the device and channel fragmentation of media consumption, we believe Phoenix New Media will continue to gain usage share given its unique content offering.”
Are you kidding me?? Average volume for the past 3 months is 147,898. This thing has traded almost 11 million shares that's massive volume in case you did not know. It's being driven up because of its low float only 4.7 million. When it starts to fall lock in your profits because it will fall fast.
Only difference is the shares outstanding ALTI has has 11.6 million outstanding shares with 4.6 million in the float. VISN only has 253.4 thousand shares out standing. Because this stock has so few shares it is going up and up and up. This thing is feeding on itself. Once people start selling look out below!!